Metris board removes Zebeck from chairman/CEO posts

MichaelBaron

Metris
MXT, +0.95%
is down 45 cents, or 14.8 percent, to $2.60, after the board of the Minnetonka, Minn., provider of financial products and services terminated Ronald Zebeck, removing him from the chairman and CEO posts. The company named David Wesselink to serve in these roles. Wesselink joined Metris in 1998 as chief financial officer, and was named vice chairman in 2000.

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